Janet Yellen says Treasury will need to take 'extraordinary measures' to avoid default next month

Treasury secretary warns Congress as US nears its debt limit

Treasury Secretary Janet Yellen warned Congress on Friday that the U.S. will hit its debt limit unless the government takes "extraordinary measures" to avoid default. The notification likely means ...

NBC News - 12h

North Korean soldiers kill themselves to avoid capture in Ukraine, U.S. says

Russia is deploying “human waves” of North Korean soldiers, the U.S. said, and one soldier captured by Ukraine died of his injuries. Others died by suicide.

NBC News - 14h

Yellen Issues Debt Limit Warning to Congress

The Treasury secretary urged Congress to protect the full faith and credit of the United States by raising the debt limit.

The New York Times - 1d

Trump urges Supreme Court to hit pause on a law that could ban TikTok in the U.S. next month

The Supreme Court is scheduled to hear arguments in the case on Jan. 10. The law is set to take effect on Jan. 19, one day before President-elect Donald Trump is sworn in.

NBC News - 1d

10-year Treasury yield rises, hovering near a seven-month high

Treasury yields were higher Friday as traders assess data on jobless claims and wholesale inventories.

CNBC - 1d

OpenAI says it needs 'more capital than we’d imagined' as it lays out for-profit plan

OpenAI said in a blog post Friday that heading into 2025, "we have to become an enduring company," which requires changing its structure.

CNBC - 1d

In Syria, U.S. Hopes to Avoid Replay of Afghanistan

American officials are wary as they try to persuade the rebels now in control in Syria to govern with an inclusive and moderate hand.

The New York Times - 1d

The Trust Checklist Every Leader Needs

Build stronger teams by evaluating yourself on these 10 factors.

Inc. - 1d

There’s Still Time to Get Ahead of the Next Global Pandemic

By learning lessons from other sectors, public health can ensure it is ready to face future outbreaks in record time.

Wired - 1d

Freedom Caucus chair: House GOP needs to consider if ‘current leadership is what we need’

Politico - 2d

Treasury delays deadline for small businesses to file new form to avoid risk of fines for noncompliance

The Treasury delayed a Jan. 1 deadline to file a new "beneficial ownership information" report to Jan. 13 following a recent court order.

CNBC - 2d

Social Security measure passes Senate, sending it to Biden

Politico - Dec. 21

Mavs star Luka Doncic will be out about a month before check on calf injury, AP source says

A person with knowledge of the injury says Dallas Mavericks superstar Luka Doncic will be out about a month before being re-evaluated for a calf injury sustained in a Christmas Day loss to Minnesota

ABC News - 1d

Yellen says extraordinary measures to avoid default will begin as soon as Jan. 14

Treasury Secretary Janet Yellen suggested in a letter to Congress on Friday that the department doesn't think the U.S. will need to take "extraordinary measures" on Jan. 2 to avoid defaulting on ...

The Hill - 1d

Janet Yellen tells Congress that U.S. could hit debt limit in mid-January

Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures" or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling by ...

CBS News - 1d

Treasury yields climb as 10-year caps off biggest 3-week advance in 2 years

Treasury yields ticked higher on Friday in thin holiday trade, with the 10-year just shy of its highest level in nearly eight months.

MarketWatch - 1d

Luka (calf) out at least a month, sources say

Mavs star Luka Doncic will be re-evaluated in one month after sustaining a left calf strain in Wednesday's loss to the Wolves, sources told ESPN.

ESPN - 1d

‘Santa Claus rally’ is here — but can the stock market avoid the ‘Grinch pinch’?

Remember: ‘If Santa Claus should fail to call, bears may come to Broad and Wall.’

MarketWatch - 1d

A Look into Next Year…

Yahoo News - 2d

Treasury yields erase early gains after blockbuster 7-year auction

Treasury yields ended little-changed on Thursday after a blockbuster auction for freshly-issued seven-year notes helped revive demand for U.S. government bonds in afternoon trading.

MarketWatch - 2d

Treasury delays deadline for small businesses to file new form to avoid noncompliance fines

The U.S. Treasury Department has delayed the deadline for millions of small businesses to Jan.

NBC News - 2d

California residents urged to avoid ocean as high surf pounds coastline

At least one dead and three missing amid storm that has split wharf, wrecked boat and piled up debris. California residents are being warned to stay off wharves, piers and other waterside ...

The Guardian - 2d

These space missions will take off in 2025

Space agencies worldwide are gearing up missions in 2025 to expand humanity's horizons, from the moon and Mars to asteroids and beyond.

CBS News - 2d

Becoming Madonna review – a megastar’s extraordinary ascent to pop royalty

The singer’s journey to the top is retold through archive clips and audio, efficiently albeit perhaps too straightforwardly. The story of Madonna’s leap to stratospheric celebrity is breathlessly ...

The Guardian - 2d

You Need to Create a Secret Password With Your Family

AI voice cloning and deepfakes are supercharging scams. One method to protect your loved ones and yourself is to create secret code words to verify someone’s identity in real time.

Wired - 3d

Zion eyeing return to full practice next week

Zion Williamson (hamstring) is expected to return to full practice next week, while Brandon Ingram (ankle) will be reexamined in around two weeks.

ESPN - 4d

Virginia Democrats see next month's special elections as first major test of 2025

Democrats are gearing up for two northern Virginia-area special elections in the state Senate and House of Delegates next month that could set the tone for what is expected to be a consequential ...

The Hill - 4d

Evening Report — Trump takes the reins while Biden takes a back seat

{beacon} Evening Report © AP Trump takes the reins while Biden takes a back seat With less than one month until President-elect Trump returns to the Oval Office, he's already calling the shots and ...

The Hill - 4d

10-year Treasury yield hits fresh 7-month high during holiday-shortened session

Treasury yields declined on Tuesday, reversing early gains after the 10-year briefly touched its highest intraday level in seven months during a holiday-shortened Christmas Eve session.

MarketWatch - 4d

Five NHL Teams That Need A Reset In 2025

The 2024-25 NHL season is nearing its halfway point, and while some teams are feeling good, others may need a reset in the new year.

Yahoo Sports - 4d

Get Ready to Pay the “AI Tax” Next Year

AI-related spending is set to increase next year. Is the juice worth the squeeze?

Inc. - 4d

The NFL used to avoid playing on Christmas and Wednesdays. Well, forget that

Lucrative revenue streams have a way of creating new holiday traditions, with Netflix splurging for a pair of games featuring Super Bowl contenders.

Yahoo Sports - 4d

Defaults on leveraged loans soar to highest rate in 4 years

Borrowers turn to distressed exchanges in the face of punitive interest rates

Financial Times - 4d

There is a foolproof solution to avoiding conflict this Christmas | Fiona Katauskas

But you may need to consult an expert. See more of Fiona Katauskas’s cartoons here Continue reading...

The Guardian - 4d

French PM names new government, hoping to avoid another no-confidence vote

Centrist François Bayrou had promised a ‘national interest government’ across the middle political ground but ended up leaning to the conservative right. The French prime minister has announced his ...

The Guardian - 5d

10-year Treasury yield ends at 7-month high to kick off holiday-shortened week

Treasury yields advanced on Monday, with the key 10-year rate approaching 4.6% after data showed U.S. consumer confidence pulled back in December.

MarketWatch - 5d

Aaron Rodgers says he's willing to take pay cut, mentor Jets rookie QB in 2025 if veteran returns to New York

The 41-year-old Rodgers, however, still hasn't decided if he will play in 2025 or not

CBS Sports - 5d

Trump threatens to take the Panama Canal

President-elect Donald Trump made comments threatening to take back the Panama Canal based on what he said were high costs that ships are encountering. CBS News' Cristian Benavides reports.

CBS News - 5d

BATMMAAN begins: These may be the dominant stocks for next year

A new acronym has been making the rounds since another potential tech kingmaker — Broadcom — began closing in on the $1 trillion market cap club last week.

MarketWatch - 5d

Janet Yellen says Treasury will need to take 'extraordinary measures' to avoid default next month

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